Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
Operational Risk Officer for EMEA Technology, Third Party and Information Risk Management Oversight (TTIRO) - Experienced Independent Risk Management Leader in the 2nd Line of Defence.
The EMEA Business Resiliency Operational Risk Officer role is responsible for working with the EMEA Head of Operational Risk, the EMEA Head of TTIRO, and Enterprise Business Resiliency and Disaster Recovery (BRDR) to build out the execution of the IRM function according to the Risk Management Framework in alignment with the TTIRO Business Resiliency program and regulatory requirements covering EMEA. The TTIRO Business Resiliency team is charged with independent oversight of the front line operational risk management effectiveness focusing on BRDR that presents a risk to the Countries and Legal Entities that operate in EMEA. Additionally, the individual will be accountable for working with US domain partners to build an effective regional risk management program that encompasses oversight of front line activities in region. This role will engage with business and risk resources within the front line and across the firm through the agreed engagement model within EMEA Operational Risk to influence and globally challenge decisions that present a risk to EMEA and its legal entities.
The EMEA Business Resiliency Operational Risk Officer will be considered a thought leader and subject matter expert for the management of BRDR Risk and the associated regulations for EMEA and the legal entities that operate in the region. This role's responsibilities include governance, monitoring and oversight of frontline teams accountable for managing BRDR and other operational risks within established risk appetites and tolerances. The individual is expected to maintain awareness and influence and escalate utilizing the Wells Fargo Risk Management Framework, policies and procedures established by Corporate Risk.
With knowledge of global BRDR, the EMEA Business Resiliency Operational Risk Officer will leverage the Wells Fargo Risk Management Framework, EMEA regulatory guidance and BRDR policies to develop a detailed program plan that demonstrates an understanding of the EMEA business strategy and requirements and the international products and services provided to EMEA by the parent.
Market Skills and Certifications
Ability to work in ambiguous circumstances with a penchant for building structure and scalable processes
Experience applying expert knowledge of Operational Risk Management practices to disaster recovery, incident management, crisis communication, resiliency, business continuity, pandemic events, and/or related programs
Demonstrated front line or second line DR/BC expertise
Experience with remediating findings from audits, control assessments, self-assessments, aggregate risk assessments, or quality assurance activities
Expertise in problem solving, root cause analysis, issue management or similar experience is continuous improvement of processes, controls and technology solutions
Demonstrated ability to effectively lead change through actions and peer network Certifications in Disaster Recovery, Business Continuity, Resiliency, Technology and/or Information Security disciplines
Demonstrated ability to communicate alternative points of view which maybe counter to existing views
10+ years of experience in risk management, or financial services industry experience, of which 5+ years must include direct experience in BRDR risk management, compliance, operational risk management, or a combination of the three areas
5+ years demonstrating the ability to build out an effective Business Resiliency Program that covers regulatory expectations for EMEA
Ability to work collaboratively in a highly matrixed environment
Excellent verbal, written, and interpersonal communication skills. Ability to articulate complex concepts, and tell a crisp, concise story at a senior level
Expert knowledge of BRDR rules and guidance across financial services regulators for EMEA
Advanced Microsoft Office skills
Demonstrated ability to develop written program materials, including executive level reporting
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Internal Number: 50247BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo